Property Overview: 263 Roseberry Street, Winnipeg
Key Characteristics & Appeal
This is a classic one-and-a-half storey home in Winnipeg's King Edward neighbourhood, built in 1918. With 845 square feet of living space and a 2,709 sqft lot, it presents a compact, manageable footprint. The home features a detached garage and an unrenovated basement. Its assessed value is notably low compared to the city-wide average, positioning it as an accessible entry point into the market.
The primary appeal lies in its practicality and location. It’s a home that sits comfortably within the averages for its immediate street and neighbourhood in terms of size, value, and age, meaning it’s a typical offering for the area without major outliers. This suits first-time buyers, investors, or downsizers looking for a straightforward property without a premium price tag. A thoughtful perspective is its potential as a "blank slate"—the unrenovated basement and classic layout offer the next owner the freedom to update and add value according to their own needs and budget, rather than paying for someone else’s potentially dated renovations.
Frequently Asked Questions
1. How does this home compare to others in the area?
The data shows this property is very typical for both Roseberry Street and the broader King Edward neighbourhood. Its living area, assessed value, and year built all rank near the middle of the pack when compared directly to its local peers.
2. What is the significance of the sold price history from 2023?
The listed sold price range from June 2023 provides a recent market benchmark. It’s important to note this is a public data range; for the exact figure, you can request it directly via the site’s provided email service.
3. Is the basement finished or usable?
The listing specifies the basement is "not renovated." This typically means it is unfinished or in a very basic, original state, presenting potential for future development or serving as utilitarian storage and mechanical space as-is.
4. Who might this property not suit?
Given its below-average square footage relative to the entire city, it may not suit buyers looking for ample space for a growing family or those who prefer a larger, modern floor plan. The upkeep of a 108-year-old home should also be considered.
5. What are the potential advantages of the lot size?
While the land area is below average for the city, it is relatively manageable. For the right buyer, this means less yard maintenance. Its size is fairly standard for the neighbourhood, suggesting it is in scale with the community character and could still allow for a garden or outdoor space.